Talking about our death to a partner or family member is hard thing to do and not pleasant as death is something we prefer did not happen. However, we see many clients who after the death of a partner/spouse were left financially worse off, when it could have been avoided by some discussion and actions […]

Given that most people would prefer to remain at home, the government have decided to increase the subsidy to enable this to happen, which also happens to be cheaper for the government than subsidising residential aged care. The changes to Home Care costs are a significant change compared to the current home care costs. The […]

From the 1st November 2025, new residents moving into residential aged care on a permanent basis will be subject to the new fee structure. Any resident who is permanent prior to the 1st November will be grandfathered under the current rules. Here is a summary of the changes coming 1st November 2025. ACCOMMODATION COSTS Current […]

Balance now offers a convenient and cost-effective video appointment Australia wide for people moving into residential aged care. Having helped 30,000 over the past 25 years with retirement village and aged care we wanted to provide a financial service that wouldn’t charge over $2,000 like most financial planners in this space. If your loved one […]

If both members of a couple are in aged care and one of them were to pass or if one is in care and the other at home (but the one at home passes first) then if they have left assets to the survivor, then the aged care fees for the survivor are highly likely to increase significantly. […]

The proposed changes to aged care fees aired to the public on the 12th of September will bring quite radical change to the aged care system. This will deliver more funding from the Government to the aged care system (which is drastically needed by facilities).  However, it will also cost the residents more money as […]

This Saturday, 31st August, the team at Our Lady Mercy Place Harris Park are opening their doors for their Open Day. Be welcomed by their residents and staff to experience what Aged Care can look like for your loved ones with a tour of their brand new facility. The team at Balance will be there […]

Are you, or someone you know looking to downsize or move into a retirement village? If your answer is ‘Yes’, then the Assisted Living Apartments at Riverview at Carrington may be for you. Situated in the secluded Carrington Estate at Camden, the Riverview Assisted Living Apartments are designed to offer low maintenance, luxury apartments for […]

Since 2020, the COVID-19 pandemic has made everybody’s lives difficult in one form or another. It has caused financial strain for some people and taken a toll on other people’s physical and mental wellbeing. Some of those who have been hit the hardest are the residents of Aged Care facilities. For most elderly residents, the […]